Tag: avail Business Loan
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What Documents Are Required To Avail A Mudra Loan?
Mudra or ‘Micro Units Development and Refinance Agency’ loan was launched on 8th April 2015 under Pradhan Mantri MUDRA Yojana (PMMY) scheme. Usually, small businesses and startups are not given loans by banks due to a lack of collateral. This problem is solved by mudra loans given by cooperative banks and non-banking financial companies. Understanding…